From January to October, due to the weakness of international market demand, the perturbation of US tariff policies, and the lack of power for domestic consumption growth, the economic operation of China's apparel industry has been severely affected. The main indicators such as production, export, and efficiency have deepened, the investment growth rate has slowed down, and the domestic sales have continued a moderate growth. The current development environment for the industry is still complicated and challenging. Factors such as intensified market competition, downward pressure on export prices, and fluctuations in the RMB exchange rate have continuously squeezed the profit margin of enterprises, and the industry still faces many challenges to maintain stable operation.
01 Production
According to the data from the National Bureau of Statistics, from January to October 2025, the industrial added value of China's apparel industry enterprises above designated size decreased by 2.9% year-on-year, a decrease of 0.5 percentage points compared to January to September; the output of apparel produced by enterprises above designated size decreased by 3.20% year-on-year, a decrease of 1.73 percentage points compared to January to September.
02 Domestic Sales
According to the data from the National Bureau of Statistics, from January to October 2025, the total retail sales of consumer goods in China increased by 4.3% year-on-year, a slowdown of 0.2 percentage points compared to January to September. Among them, the retail sales of clothing in enterprises above designated size increased by 2.9% year-on-year, an acceleration of 0.5 percentage points compared to January to September. In October alone, the retail sales of clothing in enterprises above designated size increased by 6.8% year-on-year, an acceleration of 3.2 percentage points compared to September.
According to the data from the National Bureau of Statistics, from January to October 2025, the online retail sales of physical goods increased by 6.3% year-on-year. Among them, the online retail sales of wearable goods increased by 3.6% year-on-year, an acceleration of 0.8 percentage points compared to January to September.
03 Export
According to the data from the General Administration of Customs of China, from January to October 2025, China's cumulative exports of apparel and clothing accessories decreased by 3.8% year-on-year, a decrease of 1.3 percentage points compared to January to September. In October alone, the exports of apparel and clothing accessories decreased by 15.9% year-on-year, a decrease of 7.9 percentage points compared to September.
According to China's customs data, from January to October 2025, the amount of clothing exports from our country to the United States was $26.89 billion, a year-on-year decrease of 10.3%, and the decrease was deepened by 0.5 percentage points compared to the first 9 months. In October alone, the amount of clothing exports to the United States was $2.72 billion, a year-on-year decrease of 14.6%, and the decrease was narrowed by 4.6 percentage points compared to September.
04 Investment
According to the data from the National Bureau of Statistics, from January to October 2025, the actual completed investment in China's clothing industry increased by 10.0% year-on-year, and the growth rate slowed down by 4.8 percentage points compared to the first 9 months.
05 Benefit
According to the data from the National Bureau of Statistics, from January to October 2025, there were 13,684 enterprises in China's clothing industry with a scale above the limit ( annual main business income of 20 million CNY or more), which achieved operating income of 951.584 billion CNY, a year-on-year decrease of 7.33%, and the decrease was expanded by 2.70 percentage points compared to the first 9 months; the total profit was 353.80 billion CNY, a year-on-year decrease of 23.41%, and the decrease was expanded by 7.22 percentage points compared to the first 9 months; the operating income profit rate was only 3.72%, which was 1.19 percentage points lower than the whole year of 2024, but 0.04 percentage points higher than the first 9 months.
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